Ohio is an important producer and major consumer of natural gas, adding more than $26 billion in economic value to the state in 2015 alone. From supplying home heating to powering electricity-generating turbines, the Buckeye state has a lot to offer the energy industry. It also has the right to choose its own supplier, thanks to deregulation.
The Ohio natural gas market is a highly competitive environment with numerous suppliers and rates. Before deregulation, local utility companies dictated the type of natural gas service a family would receive. The monopoly ended in 2001, and now consumers are able to select their own energy provider. Choosing an energy supplier allows customers to find the best plan for their needs, including rates and contract length.
Several leading suppliers participate in the Ohio Energy Choice program. Residents of the Columbus area can compare ohio natural gas rates and plans from a variety of companies, making it easy to find a great deal. To start shopping, simply enter your zip code and explore your options.
If you do not choose a columbia gas oh supplier, your local utility company will continue to provide the same reliable natural gas service you are used to. They will still be responsible for the infrastructure, so you should contact them if you have questions or a problem with your delivery or billing.
When comparing ohio natural gas prices, you should consider the price per CCF or therm. CCFs and therms are units of measurement that indicate how much natural gas is used in a month. The more therms consumed, the higher your natural gas bill will be. To save money on your bills, look for plans that offer a low price per CCF or therm.
Another thing to consider is the current gas supply charge (GSC). The GSC includes charges such as transportation, processing and system maintenance. It does not include the cost of the natural gas itself, which can vary significantly from region to region. Some suppliers offer fixed-rate natural gas plans, which can give consumers peace of mind that their rate will not change over the duration of a contract.
In addition to comparing rates and plans, it is important to learn about the company behind each supplier. The reputation of a company can make or break a consumer’s decision to switch. Some suppliers are owned by large utilities, while others are independent of any utility company. A reputable energy supplier should be licensed and insured to operate in the state of Ohio.
The Public Utilities Commission of Ohio (PUCO) has approved a move that could increase the fixed monthly charge for its 1.4 million statewide natural gas customers. The fee, referred to as the Infrastructure Recovery Charge and the Capital Investment Fund, can rise from $36 to $60 a month over five years for residential users. The negotiated agreement with Columbia Gas of Ohio and the Office of the Ohio Consumers’ Counsel was opposed by some advocacy groups.